global stocks

in #investment6 years ago (edited)

Global Stocks prices climbed to record highs worldwide for a third straight session , propelled by an oil rally after a surprise drop in U.S. crude inventories and comments from U.S. President Donald Trump and his Treasury chief on plans for job creation and tax reform. The dollar was bogged down after minutes from the l Reserve latest policy meeting showed the U.S. central bank was in no rush to raise interest rates. Treasury and euro zone government bond yields declined as European Central Bank policymakers also signaled they were not getting carried away by signs the euro zone economy is gathering strength. This outlook for policy accommodation lifted gold prices to a three-month high near $1,250 an ounce. Equity markets around the world have advanced this year as traders bet on tax cuts, less regulation and more infrastructure spending from Trump and the Republican-controlled Congress to bolster the U.S. economy. Details on these stimulus programs have been sparse, raising doubts whether bigger corporate profits will materialize. esenewrt, Turkey

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